Barclays has cut their 2025 target for the benchmark US index to 5,900
- was previously at 6,600
Analysts say the ‘bear case’ is as low as 4400
- bull case is 6700
Citing:
- tariffs
- deteriorating economic data
- will be tough for stocks to work versus deteriorating consumer sentiment, lower growth, higher inflation and tariffs
- industrials look expensive versus history and are exposed to both trade policy and tenuous manufacturing PMI amid factories front-running tariffs and government contract cancellations
AI will save us? Maybe not.
This article was written by Eamonn Sheridan at www.forexlive.com.
